Business Recorder - Renault said first-quarter revenue fell 4.8 percent, weighed down by currency setbacks and the French carmakers withdrawal from Iran last year. Revenue fell to 12.527 billion euros ($13.95 billion) for January-March from 13.155 billion a year earlier, the company said on Friday. On a like-for-like basis excluding currency effects,...

Tasnim An Iranian deputy minister said French carmaker Renault SA will return to Iran after it halted cooperation with Iranian companies under the US sanctions. In comments on Thursday, Deputy Minister of Industry, Mines and Trade Farshad Moqimi said Renault has made an investment of $1 billion in Iran. Following the negotiations and consultations ...

MNA French carmaker Renault reported a 6 percent drop in third-quarter revenue, hit by a downturn in emerging-market sales and the groups withdrawal from Iran, Reuters reported. Revenue fell to 11.48 billion euros ($13.16 billion) in the three months ended Sep. 30, Reuters quoted Renault as saying on Tuesday, with automotive division ...

Financial Tribune- Data released by two major French carmakers has it that Iran accounts for 21% of cars sold under Peugeots brand worldwide and has a 6% share in Renaults global sales. French automotive companies PSA Group (Peugeot owner) and Renault Group have recently released their 2017 sales reports and say Iran has been a driving force for ...

Financial Tribune | Khosro Kalbasi:During the past decade, continent by continent, Renault has bought out bankrupt companies and transformed them into profit-making production centers. Now the French business is on a similar trajectory in Iran. Apart from 22 factories in the Europe, the French carmaker has 14 auto factories in South America, Africa ...

August 16,The Iran Project Head of the Industries Commission of Tehran Chamber of Commerce has stressedthe achievements of foreign investments in Irans economy, referring to French automaker Renaults signing a joint venture deal with Iran worth 660 million ($779 million) to build up to 300,000 cars per year. After French energygiant Totals signing ...

August 13, The Iran Project Renault signing 660 mln euro deal with Iran, Incoming City Council electing Najafi as Tehran mayor, UNs Special Envoy forYemen IsmailOuldCheikh Ahmed trip to Iran and meeting with senior officials, the country 5th in Intl. Army Games 2017 andparliamentpassing general outlines of countermeasure bill to US exploitsdominated ...

Sputnik - On Monday, French automaker Renault SA finalized an agreement with Iran to increase its car manufacturing in the country by 75 percent, defying US efforts to target Tehran with new sanctions. Sputnik France discussed the deal with expert Thierry Coville, who explained what the company might be risking and what advantages it might get....

IRNA French Ambassador to the United States supported the $780m between Iran and the French carmaker Renault tweeting on Wednesday that thee deal is legal and in line with the Iran-G5+1 nuclear deal. Grard Araud had repeatedly supported the landmark nuclear deal, AKA the Joint Comprehensive Plan of Action (JCPOA), in recent weeks. Apart from its ...

Iran Front Page- IFP has taken a look at the front pages of Iranian newspapers on Tuesday, August 8, and picked headlines from 19 of them. IFP has simply translated the headlines and does not vouch for their accuracy. The top story in todays newspapers was the huge car deal signed between Iran and the French auto manufacturer Renault....

Forbes | Dominic Dudley: On August 7, Renault signed a joint venture agreement with the Industrial Development & Renovation Organization of Iran (IDRO) and Parto Negin Naseh, a local vehicle importer. The new joint venture, in which Renault will be the majority shareholder, will produce up to 150,000 vehicles and engines a year in Iran,...

Daily look at Irans late-breaking news and upcoming events:   No way for foreigners to inspect Irans military sites: IRGC General Foreign countries will never be allowed to inspect Irans military centers, Commander of the Islamic Revolution Guards Corps Aerospace Force Brigadier General Amir Ali Hajizadeh said Monday. Renault signs ...

IRNA | Mohammad Babaei: French automaker Renault signed on Monday a long-awaited joint venture deal with Iran worth 660 million euros ($779 million) to build up to 300,000 cars per year. The new deal puts Renault in partnership with Iran's state Industrial Development and Renovation Organisation (IDRO) and private firm Parto Negin Naseh.   ...

Press TV - French carmaker Renault has signed a much-awaited agreement with Iran to produce more than 150,000 cars a year in the country what is already being described as the Islamic Republics biggest ever auto deal. The value of the agreement, which was signed after 10 months of negotiations, would be 660 million. Based on it, Renault ...

Reuters | Bozorgmehr Sharafedin, Laurence Frost and Edward Taylor: French carmakers PSA (PEUP.PA) and Renault (RENA.PA) are turning their U.S. absence into an Iranian advantage by piling into a resurgent market still off-limits to foreign rivals fearful of sanctions under Donald Trump's administration. The French investment has been seized upon ...

Financial Tribune - French automaker Renault has registered a rather unprecedented increase in sales in Iran in the first quarter of 2017 Renault Group said sales in Iran rose by 161.5% in the first quarter of this year. The group now has hold over 9% of the Iranian market, up 4.9 points, thanks to the success of its new models being sold at ...

Tasnim The Iranian Minister of Trade and Industry Mohammad Reza Nematzadeh said a much-awaited contract with French automaker Renault is going to be signed by March 20. The deal with Renault is in the final stages, Nematzadeh told the Tasnim News Agency on Monday. They (Renault officials) have promised that it (the deal) would be signed by the ...

just-auto| Simon Warburton: Groupe Renault has unveiled record sales for 2016, up 13.3% to 3.18m vehicles with Iran the stand-out market booming 110% to double its market share in a single year. Worldwide passenger car and light commercial vehicle sales rose by 13.3% in 2016, against 4.6% for the market as a whole. The Group's share of the world ...

Trucking Info- Renault Trucks has signed to agreements with Iranian importer Arya Diesel Motors. The agreements cover the import of vehicles from the T, C, and K ranges, and the assembly of T range vehicles in Iran, according to Renault. The first agreement covers the import, distribution, and after-sales service of the T, C, and K range trucks....

Tehran Times- French carmaker Renaults sales of automobiles to Iran increased by 146 percent from January to November 2016 compared to the same period in 2015, according to the French companys recent sales report, Tasnim news agency reported on Sunday. Renaults sales in Iran reached 93,798 vehicles in the said 11 months, increasing from the figure ...